AUD/USD holding around 1.0600

AUD/USD touched 1.0580 in the immediate aftermath of the AUS jobs data but has since bounced back to the figure. No matter which way you look at it it is not a good number and puts yesterdays GDP gains in danger. I much prefer to go off the jobs data than ancient history such as Q2 GDP numbers. AUD/NZD has taken a belting touching 1.0700 after having closed in NY around 1.2820.